Consider the following statements with respect to Trans-Pacific Partnership (TPP) agreement:
- TPP is an agreement between Government of China and other Pacific Rim countries.
- The agreement’s stated goal had been to “promote economic growth and economic development”.
Which of the above statements is/are correct?
First statement is wrong because Trans-Pacific Partnership is a trade agreement among twelve Pacific Rim countries, which include: Brunei, Chile, New Zealand, Singapore, Australia, Canada, Japan, Malaysia, Mexico, Peru, United States, and Vietnam. Both India and China are not the members to the agreement.
This question is a part of GKToday's Integrated IAS General Studies Module